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Data Storage To Outpace Security Spending In 2005
Info-Tech Research Group Releases Results Of IT Study

According to a new study released by Info-Tech Research Group, the global leader in IT research for mid-sized companies, the data storage market will see tremendous growth in 2005.

According to the report, spending on data storage will outpace spending on servers, telephony and even security software. Info-Tech based its results on a survey of over 1,400 IT decision makers, who cited regulatory pressures such as Sarbanes-Oxley, and HIPAA), continuity planning, and the popularity of multimedia among the drivers of this decision.

Data storage is the number one priority for mid-sized enterprises that plan to "invest heavily" in 2005. Storage area networks (SANs) are the hottest segment of the red-hot storage market. Info-Tech predicts 40% growth in the SAN market in 2005.

"As prices continue their sharp decline and SAN products become more commoditized, this important storage technology becomes increasingly accessible to mid-sized companies," says Dr. Curtis Gittens, an Info-Tech senior research analyst. "Leading storage vendors such as IBM, HP and EMC, as well as strong innovative new entrants such as LeftHand Networks, Compellent Technologies, and Intransa are leading the charge into the mid-sized market. We expect the demand for SANs to increase sharply as vendors move down-market from their current Fortune 1,000 focus."

About Security News Desk
SYS-CON's Security News desk trawls the world of security for news of software, hardware, products, and services that seems likely to be of interest to infosec professionals and summarizes them for easy assimilation by busy IT managers and staff.

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